naa a22 4500 51074012X CHVBK 20180411083025.0 cr unu---uuuuu 180411e20131201xx s 000 0 eng 10.1007/s12122-013-9166-0 doi (NATIONALLICENCE)springer-10.1007/s12122-013-9166-0 Discouraging Workers: Estimating the Impacts of Macroeconomic Shocks on the Search Intensity of the Unemployed [Elektronische Daten] [Stephen DeLoach, Mark Kurt] Discouraged and marginally attached workers have received increasing attention from policy makers over the past several years. Through slackness in the labor market, periods of high unemployment should reduce the likelihood of receiving a job offer and thus create more discouraged workers. However, the existing literature generally fails to find evidence of such pro-cyclicality in search intensity. Surprisingly, search appears to be acyclical. We hypothesize the observed acyclicality may be the result of coarse measurement of search intensity in previous studies and the failure to account for changes in individuals' wealth across the business cycle. In this paper we use daily time use dairies from the American Time Use Survey 2003-2011 to examine the cyclicality of search intensity to explain this apparent contradiction between theory and data. Results indicate that workers do reduce their search in response to deteriorating labor market conditions, but these effects appear to be offset by the positive effects on search that are correlated with declines in household wealth. Springer Science+Business Media New York, 2013 Search intensity nationallicence Housing prices nationallicence Discouraged workers nationallicence Business cycles nationallicence DeLoach Stephen Department of Economics, Elon University, Elon, NC, USA aut Kurt Mark Department of Economics, Elon University, Elon, NC, USA aut Journal of Labor Research Springer US; http://www.springer-ny.com 34/4(2013-12-01), 433-454 0195-3613 34:4<433 2013 34 12122 https://doi.org/10.1007/s12122-013-9166-0 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s12122-013-9166-0 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- DeLoach Stephen Department of Economics, Elon University, Elon, NC, USA aut NATIONALLICENCE 700 1- Kurt Mark Department of Economics, Elon University, Elon, NC, USA aut NATIONALLICENCE 773 0- Journal of Labor Research Springer US; http://www.springer-ny.com 34/4(2013-12-01), 433-454 0195-3613 34:4<433 2013 34 12122 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer